Latest Hillgrove Resources (ASX:HGO) News

Hillgrove Resources has initiated production blasting at the Nugent deposit, accelerating its expansion plans for the Kanmantoo copper mine and aiming to increase mining throughput by early 2026.

Hillgrove Resources has secured $28 million through a two-tranche placement to accelerate copper production growth at its Kanmantoo mine, focusing on the Emily Star and Nugent projects.

Hillgrove Resources has reported outstanding high-grade copper-gold mineralisation from the first underground drill hole at Emily Star, part of the Kanmantoo Copper Mine. These results suggest a promising expansion of mining potential and improved utilisation of existing infrastructure.

Hillgrove Resources has reported significant high-grade copper and gold mineralisation extensions at its Nugent deposit within the Kanmantoo Copper Mine, enhancing resource understanding ahead of first production. Ongoing drilling and an updated resource estimate are set to shape the mine’s near-term development.

Hillgrove Resources has completed its Nugent Acceleration Project ahead of schedule, boosting underground development and early ore processing. However, the company has lowered its 2025 copper production guidance and raised cost estimates due to geological challenges.

Hillgrove Resources has announced the discovery of a new high-grade copper-gold mineralisation zone, the 'Saddle' Zone, at its Kanmantoo Copper Mine, promising near-term resource growth with minimal infrastructure needs.

Hillgrove Resources’ latest Magnetotelluric survey at Kanmantoo reveals deep alteration zones extending over 2km and a southern extension beyond known mineralisation, setting the stage for targeted drilling at Emily Star in September 2025.

Hillgrove Resources outlined its operational progress and growth strategy at the Noosa Mining Investor Conference, highlighting strong cash flow and resource expansion at its Kanmantoo Copper Gold Mine.

Hillgrove Resources reported operational gains and exploration success in Q2 2025, despite lower copper output due to grade variability. The Nugent acceleration project is progressing ahead of schedule, setting the stage for increased throughput and cost efficiencies in 2026.

Hillgrove Resources has intercepted significant copper-gold mineralisation well below the existing resource at its Kavanagh deposit, opening new targets for resource expansion. The latest underground drilling results reinforce confidence in the Kanmantoo mine’s long-term potential.

Hillgrove Resources has accelerated development at its Nugent underground copper deposit, intersecting the orebody earlier than planned and delivering first ore to the Kanmantoo mill ahead of schedule. This progress supports a June copper production estimate of 750 to 800 tonnes while maintaining full-year guidance.

Hillgrove Resources has reported multiple new high-grade copper-gold drill results at its Nugent underground deposit, extending mineralisation well beyond the current resource estimate and accelerating development plans.